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    Airline Hwy Gonzales, LA 70737
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    Property profile & analytics

    Airline Hwy, Gonzales, LA 70737

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    • Commercial land
    • 3.23 lot acres
    Off-Market
    Property ID
    US36-0059469
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for Airline Hwy

    Lot size
    3.23 lot acres
    Property type
    Commercial land
    APN
    5737600
    APU
    5737600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 21, 2023 $125,000 Slc LLC Trinity Construction Group INC Deed —
    Jul 18, 2023 $180,000 Abrasive Cleaning Concepts LLC Laurie Fridge Brumfield Deed —
    Apr 11, 2023 $125,000 Trinity Construction Group INC Evella Mae Wallace Dukes Deed —
    Jan 7, 2021 — P W Beach LLC — Deed · related $8.6M · B1bank
    Dec 30, 2020 — Amos Hamilton — Deed · related $400k · Tanya Hamilton
    Oct 14, 2020 — Cobalt Realty LLC — Deed · related $4.6M · First Guaranty Bk
    Sep 4, 2020 — Argrave Real Estate LLC Truvy E Argrave SR. Quitclaim Deed · related —
    Dec 27, 2019 $1,306,989 Cobalt Realty LLC Holding Co V LLC Grant Deed —
    Nov 22, 2019 $400,000 Roussel Ents LLC Duplessis Land Co LLC Grant Deed —
    May 9, 2019 — Ascension Office Property LLC — Deed · related $1.6M · Louis L Mason
    Feb 8, 2019 — P W Beach LLC Rotolo Properties LLC Trust Deed · related $1.9M · First Bk
    Mar 8, 2018 — Capitol Dev Group Rentals LLC — Grant Deed · related $1M · Iberiabank
    May 23, 2016 $360,000 Ascension Office Property LLC C-4 Property Management LLC Grant Deed —
    Jan 8, 2013 — Holding Co V LLC Holding Co IV LLC Quit Claim Deed · related —
    — — Cobalt Realty LLC — Deed Of Trust · related $4.6M · First Guaranty Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gonzales
    County
    Ascension
    State
    Louisiana
    Longitude
    -90.9438
    Latitude
    30.2731
    CBSA code
    12940
    CBSA name
    BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,966
    $130,700
    $0.00
    $130,700
    -
    $1,307,000
    $0.00
    $1,307,000

    Comparable in this City

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      2.78 Acres

      1603 Airline Hwy

      VACANT COMMERCIAL LAND
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    Similar Nearby for Sale

    • $179,900
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      Ascension Parish Commercial Acreage

      Prime commercial land near industrial corridor with development flexibility.
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      Office Park Development Opportunity

      Commercial land for sale with utilities and easy access.
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      Prime Land Near Residential Developments

      3 acres on Hwy 44 near I-10 and residential construction.
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      Prime Corner Lot For Sale

      2.17-acre corner lot with high visibility and development potential.
      14390 Airline Hwy, Gonzales, LA 70737
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      Ascension Parish Commercial Acreage

      Commercial land for sale in a growing industrial corridor.
      39192 W Edenborne Pkwy, Gonzales, LA 70737
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    Similar Nearby for Lease

    • $4,000 /Mo

      High-Visibility Highway Front Land

      Lease a 2.1-acre parcel with 1,295 feet of prominent frontage and strong daily traffic exposure on a busy corridor.
      13080 Airline Hwy, Gonzales, LA 70737
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      Gonzales Land for Lease

      2.1-acre land for lease in a high-traffic area.
      13080 Airline Hwy, Gonzales, LA 70737
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      31,830 SF

      Gonzales Warehouse Space Available

      Prime Industrial Space, Two Units Available
      310 Eastbank Ext, Gonzales, LA 70737
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      Office/Warehouse Suites in Gonzales

      Office and warehouse suites with highway visibility for lease.
      12523 Coontrap Rd, Gonzales, LA 70737
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      Class A Flex/Office Development

      Class A flex/office space in growing industrial area.
      8184 8200 & 8206 Hwy 44, Gonzales, LA 70737
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      Retail Space on Burnside Avenue

      Retail space for lease in Gonzales, Louisiana, with offices.
      1602 S Burnside Ave, Gonzales, LA 70737
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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